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Lucid Motors announces plans to cut 400 jobs

Lucid Motors has announced layoffs to optimise resources and safeguard its future, as the EV hype cooling. Carmakers such as Tesla and Rivian had previously also cut a number a jobs.

Commercial Vehicles

Proterra to power next-gen DTNA models

Commercial Vehicles

PepsiCo expands electric fleet in California

Verkor secures billion euro loan to complete cell factory

Formula E: Evans and da Costa win in Shanghai

SVOLT will not build battery factory in Germany

Tesla cuts Model Y output in China

Renault and partners present concept vehicle for rolling medical practice

Atlante closes deal to bring HPC stations to Italian motorways

EVR Motors inaugurates electric motor coil factory in India

Commercial Vehicles

New electric trucks coming to the USA

Porsche extends Formula E involvement

Investor offers HiPhi the prospect of up to one billion dollars

Performance Team to build truck charging depot in California

FLO opens its first factory in the USA

First DHL EV Center of Excellence opened in China

Commercial Vehicles

Rizon presents two new electric truck models

Redwood Materials to recycle Ultium Cells’ production waste

ADS-TEC becomes Porsche’s service provider for high-power chargers

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EU law on securing critical raw materials comes into force

Impact Report 2023 reveals Tesla’s 2030 sales targets cancelled